logo

WEEX Futures Launches FRAX USDT Perpetual Contract

Crypto tradingFutures trading
By: WEEX|2026/01/18 00:00:00
0
Share
copy

WEEX Futures Launches FRAX USDT Perpetual Contract

WEEX Exchange is proud to announce the official listing of the Frax (FRAX) Perpetual Contract, expanding our robust lineup of DeFi derivatives. As the industry’s first fractional-algorithmic stablecoin protocol, Frax Finance has pioneered a unique model that blends collateral backing with algorithmic stability to maintain its 1:1 USD peg. This new listing empowers traders to access FRAX USDT futures with competitive leverage, further solidifying WEEX’s position as a premier destination for professional crypto derivatives trading.

 

Frax (FRAX) Perpetual Contract Trading Listing Details

Futures Trading Time: January 15, 11:00 (UTC+0) 

Futures Trading Link: FRAX USDT

To start trading the new FRAX pair, you must first register on WEEX to create your account. If you are already a member of our community, simply log in on WEEX to access your dashboard. For detailed information on our competitive cost structure, please review the official WEEX Trading Fees schedule.

 

What is Frax (FRAX) Coin?

Frax (FRAX) is the first fractional-algorithmic stablecoin system, designed to provide a highly scalable, decentralized, and algorithmic form of money. Unlike traditional stablecoins that are either fully collateralized by fiat or purely algorithmic, the Frax protocol utilizes a hybrid design. It maintains its price peg to the U.S. dollar through a combination of collateral (predominantly USDC) and its governance token, Frax Share (FXS).

Founded by software developer Sam Kazemian, Frax Finance has evolved significantly since its inception. The protocol adjusts its collateral ratio dynamically based on market confidence, ensuring stability while maximizing capital efficiency. Recently, the community has moved toward a path of 100% collateralization (v3) to further bolster trust and reduce risk, making FRAX a cornerstone asset in the decentralized finance (DeFi) ecosystem.

 

DISCLAIMER: WEEX and affiliates provide digital asset exchange services, including derivatives and margin trading, only where legal and for eligible users. All content is general information, not financial advice-seek independent advice before trading. Cryptocurrency trading is high-risk and may result in total loss. By using WEEX services you accept all related risks and terms. Never invest more than you can afford to lose. See our Terms of Use and Risk Disclosure for details.

You may also like

WEEX Security Master Guide: How to Avoid Crypto Scams

A cryptocurrency scam involves any deceptive scheme designed to steal digital assets (like Bitcoin, Ethereum, or other tokens) or trick individuals into revealing sensitive information—private keys, seed phrases, or login credentials—under false pretenses of investment returns or urgent security actions.

What is HODL AI (HODLAI) Coin?

We are excited to announce that the HODL AI (HODLAI) token is now available for trading on the…

WEEX Debuts HODLAI USDT: HODL AI Coin World Premiere

Exciting news for crypto enthusiasts—WEEX Exchange has launched the global exclusive first listing of HODL AI (HODLAI) coin…

What is MoltX (MOLTX) Coin?

We are excited to announce the latest addition to the trading lineup on WEEX, with the MoltX (MOLTX)…

MOLTX USDT Exclusive Debut on WEEX: MoltX (MOLTX) Coin Listing

WEEX Exchange is thrilled to announce the exclusive world premiere listing of MoltX (MOLTX) Coin, bringing fresh opportunities…

Goyim Coin Price Prediction & Forecasts for February 2026: Could This Viral Meme Token Surge 50% Amid Social Media Buzz?

Goyim Coin has exploded onto the scene as one of the hottest viral sensations in crypto, fueled by…

Popular coins

Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com